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No pivot!
The Compound and Friends
What Is Cash Flow?
We've just taken all of the cash flow from the future by holding interest rates really low and repriced it into the present. If you can't continue to do that because you're starting to create inflation then a lot of those cash flows have to go back into the future. The people that I'm talking about don't know what cash flow is. There are people right now who feel like we just must be punished for everything.
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